Marathon's Richards on Disconnect Between Fed, Markets

The video discusses the gap between the Federal Reserve's policies and market expectations, focusing on interest rates and inflation. Bruce Richards from Marathon Asset Management provides insights into potential scenarios for inflation and economic growth, emphasizing the Fed's credibility. The discussion covers corporate earnings, economic slowdown, and the shift from equities to credit markets. Challenges in real estate and weaker credits are highlighted, along with future market outlook and potential equity decline.

What is Bruce's perspective on the relationship between inflation and the Fed's credibility?

What are the three bears that Bruce mentions in relation to the current market?

How does Bruce describe the current state of the property market?

What does Bruce believe will happen to equity markets later this year?